Rolls-Royce to return as much as $2 billion to shareholders in buyback, Sky News reports

Core Viewpoint - Rolls-Royce Holdings is expected to announce a share buyback program worth up to £1.5 billion ($2 billion) alongside its annual results this week [1]. Group 1: Financial Performance - Rolls-Royce upgraded its full-year profit guidance last July, increasing the top end of its operating profit guidance by £300 million to £3.2 billion and its free cash flow by £200 million to £3.1 billion [2]. - The company had previously launched a £1 billion share buyback around the same time last year when it reported results [2].